BUAD 331 Final Exam | University of Tennessee,
Knoxville (UTK) | Supply Chain Management,
Logistics, Operations Strategy, Procurement, and
Inventory Control | Latest Exam 2025
Which of the following best describes additive manufacturing?
A. The ability to structure and exchange massive amounts of data, to make sense
of that data to drive decisions, and even to apply data to deliver products or
services.
B. The ability to reach previously unattainable levels of speed and agility in
operations with improved quality levels that have the potential to drive
productivity to new levels.
C. The ability to change the basic economics of the job shop operating
environment, enabling highly specific machining on site quickly and at low cost.
D. The ability to give everyone a demand and distribution channel through the
widespread adoption of smartphones.
E. The ability to rapidly connect billions of devices to the Internet, offering the
best chance to move nearer to real-time data on everything within the supply
chain. ---------CORRECT ANSWER-----------------C
Which of the following best describes the Internet of Things?
A. The ability to structure and exchange massive amounts of data, to make sense
of that data to drive decisions, and even to apply data to deliver products or
services.
,B. The ability to reach previously unattainable levels of speed and agility in
operations with improved quality levels that have the potential to drive
productivity to new levels.
C. The ability to change the basic economics of the job shop operating
environment, enabling highly specific machining on site quickly and at low cost.
D. The ability to give each individual a demand and distribution channel through
the widespread adoption of smartphones.
E. The ability to rapidly connect billions of devices to the Internet, offering the
best chance to move nearer to real-time data on everything within the supply
chain. ---------CORRECT ANSWER-----------------E
Which of the following mega-trends focus on the management of external
relationships?
A. Information visibility
B. Customer connectedness
C. Planning management
D. Activity scope
E. Relationship governance ---------CORRECT ANSWER-----------------E
According to McKinsey, an acute shortage of ________ is holding organizations
back in their efforts to accelerate digitization and implement advanced planning
systems. (McKinsey)
A. Technology
B. Suppliers
C. Funding
,D. Talent
E. Materials ---------CORRECT ANSWER-----------------D
Which of the following best describes mobile computing?
A. The ability to structure and exchange massive amounts of data, to make sense
of that data to drive decisions, and even to apply data to deliver products or
services.
B. The ability to reach previously unattainable levels of speed and agility in
operations with improved quality levels that have the potential to drive
productivity to new levels.
C. The ability to change the basic economics of the job shop operating
environment, enabling highly specific machining on site quickly and at low cost.
D. The ability to give each individual a demand and distribution channel through
the widespread adoption of smartphones.
E. The ability to rapidly connect billions of devices to the Internet, offering the
best chance to move nearer to real-time data on everything within the supply
chain. ---------CORRECT ANSWER-----------------D
The relation between coordination, collaboration, and communication across
functional areas are specific to which mega-trend?
A. World-class measurement systems
B. Planning management
C. Process integration
D. Information visibility
E. Customer connectedness ---------CORRECT ANSWER-----------------C
, Which of the following mega-trends focuses on how the supply chain interacts
and recognizes customer segments?
A. Information visibility
B. Customer connectedness
C. Planning management
D. Activity scope
E. Relationship governance ---------CORRECT ANSWER-----------------B
Responsive value creation is best for products characterized by which of the
following.
A. Short product life cycles and low demand uncertainty
B. High product value and long product life cycles
C. High demand uncertainty and long product lifecycles
D. Low customization and high demand uncertainty
E. High customization and high demand uncertainty ---------CORRECT ANSWER------
-----------E
The difference between the total supply chain order cycle time and the time
customers are willing to wait to have their need fulfilled is known as the .
A. All of these
B. Lead time gap
C. None of these
Knoxville (UTK) | Supply Chain Management,
Logistics, Operations Strategy, Procurement, and
Inventory Control | Latest Exam 2025
Which of the following best describes additive manufacturing?
A. The ability to structure and exchange massive amounts of data, to make sense
of that data to drive decisions, and even to apply data to deliver products or
services.
B. The ability to reach previously unattainable levels of speed and agility in
operations with improved quality levels that have the potential to drive
productivity to new levels.
C. The ability to change the basic economics of the job shop operating
environment, enabling highly specific machining on site quickly and at low cost.
D. The ability to give everyone a demand and distribution channel through the
widespread adoption of smartphones.
E. The ability to rapidly connect billions of devices to the Internet, offering the
best chance to move nearer to real-time data on everything within the supply
chain. ---------CORRECT ANSWER-----------------C
Which of the following best describes the Internet of Things?
A. The ability to structure and exchange massive amounts of data, to make sense
of that data to drive decisions, and even to apply data to deliver products or
services.
,B. The ability to reach previously unattainable levels of speed and agility in
operations with improved quality levels that have the potential to drive
productivity to new levels.
C. The ability to change the basic economics of the job shop operating
environment, enabling highly specific machining on site quickly and at low cost.
D. The ability to give each individual a demand and distribution channel through
the widespread adoption of smartphones.
E. The ability to rapidly connect billions of devices to the Internet, offering the
best chance to move nearer to real-time data on everything within the supply
chain. ---------CORRECT ANSWER-----------------E
Which of the following mega-trends focus on the management of external
relationships?
A. Information visibility
B. Customer connectedness
C. Planning management
D. Activity scope
E. Relationship governance ---------CORRECT ANSWER-----------------E
According to McKinsey, an acute shortage of ________ is holding organizations
back in their efforts to accelerate digitization and implement advanced planning
systems. (McKinsey)
A. Technology
B. Suppliers
C. Funding
,D. Talent
E. Materials ---------CORRECT ANSWER-----------------D
Which of the following best describes mobile computing?
A. The ability to structure and exchange massive amounts of data, to make sense
of that data to drive decisions, and even to apply data to deliver products or
services.
B. The ability to reach previously unattainable levels of speed and agility in
operations with improved quality levels that have the potential to drive
productivity to new levels.
C. The ability to change the basic economics of the job shop operating
environment, enabling highly specific machining on site quickly and at low cost.
D. The ability to give each individual a demand and distribution channel through
the widespread adoption of smartphones.
E. The ability to rapidly connect billions of devices to the Internet, offering the
best chance to move nearer to real-time data on everything within the supply
chain. ---------CORRECT ANSWER-----------------D
The relation between coordination, collaboration, and communication across
functional areas are specific to which mega-trend?
A. World-class measurement systems
B. Planning management
C. Process integration
D. Information visibility
E. Customer connectedness ---------CORRECT ANSWER-----------------C
, Which of the following mega-trends focuses on how the supply chain interacts
and recognizes customer segments?
A. Information visibility
B. Customer connectedness
C. Planning management
D. Activity scope
E. Relationship governance ---------CORRECT ANSWER-----------------B
Responsive value creation is best for products characterized by which of the
following.
A. Short product life cycles and low demand uncertainty
B. High product value and long product life cycles
C. High demand uncertainty and long product lifecycles
D. Low customization and high demand uncertainty
E. High customization and high demand uncertainty ---------CORRECT ANSWER------
-----------E
The difference between the total supply chain order cycle time and the time
customers are willing to wait to have their need fulfilled is known as the .
A. All of these
B. Lead time gap
C. None of these
